Answer:
19.3% average tax rate
Explanation:
The formula for calculating your average tax rate is simple: divide your total taxes due by your total gross income = $13,530 / $70,000 = 19.3$
The reason that the average tax rate is lower than the tax bracket is that the tax rates are progressive, that means that lower incomes pay lower tax rates.
For example people earning up to $9,700 only pay a 10% tax rate.
Answer:
A job-sharing plan.
Explanation:
Job sharing is a kind of adaptable work plan in which two individuals work part-time timetables to finish the work one individual would do in a solitary all day job.
Answer:
4. Bonds
Explanation:
Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.
When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.
Answer:
Assets: 180,000
Explanation:
Accounting Equation Formula:
Assets = Liabilities + Owner's Equity
The accounting equation shows which resources the company has for the development of its activities and how they are financed. Assets are those mentioned resources, such as cash, bank accounts, inventory, etc. Those assets can be financed by external or internal sources. Liabilities represent external sources, which means, obligations. Instead, Owner's Equity represents internal sources, which means issuing equity shares. As every resource have to be finance either external or internally, the value of the Asset should match the add of Liabilities and Owner`s Equity.
